Despite a slowdown in home sales, home prices continue to soar. Eighty percent of 185 major metro markets across the country posted double-digit annual price appreciation in median single-family existing-home sales prices, the National Association […]
The Women’s Council of REALTORS(R) wants to inspire more women to take on leadership roles in the real estate industry through its Supporting Women of Real Estate grants, which provide local and state REALTOR(R) associations […]
After weeks of escalating borrowing costs, home buyers are getting a second chance to lock in lower rates. The 30-year fixed-rate mortgage fell to an average just below 5% for the week ending Aug. 4, […]
The country isn’t officially in a recession yet, despite two consecutive quarters of national contraction of the gross domestic product, a commonly cited indicator of an economic downturn, says Lawrence Yun, chief economist for the […]
Chicagoland REALTOR(R) associations and a multiple listing service are teaming up to bring more real estate tech innovations to its members, billed as the first multi-association and MLS to form a REACH Labs program. REACH […]
With volatile mortgage rates driving home buyers from the market, economists are skeptical that a dip in borrowing costs this week will have a meaningful impact. The 30-year fixed-rate mortgage fell to an average of […]
Even though national GDP contracted for the second quarter in a row and home sales have fallen for five straight months, property prices are likely to continue growing because of low inventory, Lawrence Yun, chief […]
With skyrocketing inflation and mounting recession fears, the Federal Reserve made another aggressive move Wednesday, raising its benchmark rate by three-quarters of a percentage point for the second time this year to try and tame […]
The U.S. House of Representatives passed a bill Wednesday evening to expand the availability of remote online notarization (RON) nationwide, a key advocacy priority for the National Association of REALTORS(R).The bipartisan SECURE Notarization Act now […]
Pending home sales fell in June as surging mortgage rates and record-high home prices are making home buyers more cautious in moving forward. The median existing-home price hit an all-time high in June ($416,000). Homes […]
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